190 1st Street , Gilbert, IA 50105
Gilbert, IA 50105
Description
Investor or House Hack Opportunity! This well-maintained 4-plex, located in the growing town of Gilbert, offers four spacious 2-bedroom, 1.5-bathroom units. 2 units in this building have been renovated and the other 2 are still original finishes. Each unit features a private back deck or patio overlooking a wooded area for added privacy. Recent updates include a new roof, gutters, and flooring. The property also features a master lock system and a brick exterior ensuring durability with minimal maintenance. All utilities are separately metered, reducing landlord expenses. With Gilbert's strong rental demand, there's excellent potential to increase rents and maximize cash flow. Walking distance to Gilbert's highly rated school and charming Main Street is great for tenant retention. This prime multi-family property won't last long!
Details
| MLS# | 714105 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1970 |
| Days On Site | 25 |
| Listing Provided By | RE/MAX REC | Fett, Collin |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,932 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | res |
| Acreage | 0.44 |
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Learn More About This Property
| State | IA |
|---|---|
| County | Story |
| City | Gilbert |
| Zip Code | 50105 |
| Area | Gilbert |
| School District | Gilbert |
| Elementary School | Gilbert |
| Middle School | Gilbert |
| High School | Gilbert |
| Listing VS Median (In 50105) | |
Price: $350,000 low | high Med: $350,000 SqFt: 3,932 low | high Med: 3,932 $ / SqFt: $89 low | high Med: $89 On site: 25 low | high Med: 23.000000 | |
